Donald Trump is reportedly planning to seek control over the 12 regional Federal Reserve banks, according to AiCoin. This move has sparked concerns about the potential impact on the independence of U.S. interest rate decision-making. The Federal Reserve's structure, which includes regional banks, is designed to ensure a degree of autonomy in monetary policy, and any attempt to centralize control could have significant implications for economic governance.
Trump Aims to Control 12 Regional Federal Reserve Banks
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